NCDA&CS Market Highlights for Wednesday April 10

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK

 

The following is a summary of market prices and conditions of North Carolina farm products for April 09, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of Agriculture and Consumer Services.  All livestock is state reported.

 

Cattle:  At the livestock auctions held Monday in Canton, Siler City, and Turnersburg a total of 2,048 cattle, 61 goats, and 118 sheep were sold.  Compared to last week, slaughter cows were mixed, mostly 3.00 lower to 2.00 higher; while bulls were mostly 3.00 to 5.00 lower.  Feeder steers were unevenly steady; while heifers were mostly steady to 2.00 lower; and bulls were mostly steady to 7.00 lower.  Demand was mostly good at lower prices; market activity and buyer interest were mostly moderate.  Offerings of cattle were mostly moderate.  Cattle quality was plain to average.  Average dressing slaughter cows brought $44-$60, with high dressing up to $66.  Average dressing slaughter bulls, 1000 lbs. & up, sold from $72-$85, with high dressing ranging $84-$90.  400-500 lbs. M&L 1-2 feeder steers ranged $133-$181, 500-600 lbs. were $138-$170.  M&L 1-2 feeder heifers, 400-500 lbs. ranged $126-$158, 500-600 lbs. were $117-$134.  M&L 1-2 feeder bulls, 400-500 lbs. were $130-$171, 500-600 lbs. ranged $121-$160.

 

Broiler-Fryers:  The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand.  Average weights were mostly desirable.  The estimated slaughter for Tuesday in North Carolina was 3,433,000 head compared to 3,259,000 head last Tuesday.

 

Eggs:  The market was lower on all sizes.  Supplies were moderate.  Retail demand was light to moderate.  Weighted average prices for small lot sales of grade A eggs delivered to nearby retail outlets, cents per dozen: Extra Large 105.16, Large 102.13, Medium 71.61, and Small 66.00.

 

Cotton:  The strict-low middling one and one sixteenth Southeast average price is 74.84 cents per pound; the U.S. average is 72.63 cents per pound.

 

Grain:  U.S. 2 yellow shelled corn was mostly steady when compared to last report.  Prices ranged $4.05-$4.63 at feed mills and $3.78-$4.30 at elevators; new crop $4.04-$4.49. 

U.S. 1 yellow soybeans were mostly steady.  Prices were $8.59-$9.14 at the processors and ranged $8.24-$8.78 at the elevators; new crop $8.86-$9.17.  U.S. 2 soft red winter wheat was mostly steady prices were $4.03-$4.30 at the feed mills and $3.90 at the elevators; new crop $4.03-$4.48.  Soybean meal, f.o.b. at processing plants, was $344.10 per ton for 48% protein.

 

Feed Mills:  Bladenboro 4.25, —–, 4.20; Candor 4.30, —–, —-; Cofield 4.05,  8.89, —-; Laurinburg 4.25, —–, 4.30; Monroe 4.34, —–, —-; Nashville 4.63, —–, —-;

Roaring River 4.44, —–, —-; Rose Hill 4.30, —–, 4.25; Creswell 4.08, —–, 4.03; Statesville 4.10, —–, —-; Warsaw 4.30, —–, 4.25; Pantego #2 —-, —–, —-.

 

Elevators:  Bladenboro 4.00,  8.78, 3.90; Clarkton 4.00,  8.68, 3.90; Clement —-, —–, —-; Clinton 4.00,  8.68, 3.90; Creswell 3.85,  8.48, —-; Elizabeth City 3.78,  8.74, —-; Lagrange 4.15,  8.63, 3.90; Monroe —-,  8.69, —-; Mount Olive 4.00,  8.63, 3.90;

Norwood 4.00,  8.24, —-; Register —-, —–, —-; Warsaw #2 4.30, —–, —-;

Wilson —-,  8.63, 3.90.

 

Soybean Processors:  Fayetteville, 9.14; Selma, 8.59.